Daily Forecast – Share Market – June 9th, 2025
Better day | Nifty may look for another 100 points or so
Mars, Ketu with Jupiter are leading the day, with support of Sun and Saturn. Importantly Mars has moved in the friends sign and house, but in conjunction with Ketu and exchanging aspect with Rahu. So, Mars may remain powerful during the period. Indication from foreign lands will be powerful and effective.
Impact of planets – positive movements possible. Impact of announcement by RBI for credit policy. I agree that market has digested on last working day, but further impact can be seen during the week. Ketu is now more powerful – because of conjunction with Mars, so we may see sudden rise during the period of 45 days.
But remember, impact of foreign policy may negative impact on Ketu also. So, it will be better to watch foreign cues, including issues of banks in US. Other issues also related to Geo-political activities.
Today Nifty may try for another 150 points or so. Better to say buying from lower levels can be seen during the day.
Almost all the segments may show movements, that means Mid-caps, small caps along with Large caps may show some buying. Use the day, plan for the week. Lord of banks and treasury will be guiding the market.
Nifty may look for 25175, but stoploss at 24900 will be better. Crude oil is maintaining its level.
Indian Currency
Indian Rupee may trade in between 85.40 to 86.00 per USD.
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